Ever wonder the origin of the corporate name Berkshire Hathaway?
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Brief passage:
A named New Haven RR train, The Berkshire, which somehow survived to A-Day, would live on in perpetuity.
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Brief passage:
- Americans tend to celebrate the birthplaces of great businesses, such as the garage in Los Altos, Calif., where Steve Jobs and Steve Wozniak started Apple Inc. and Sam Walton's Five and Dime in Bentonville, Ark., the origin of Wal-Mart Stores Inc.
But there is little support thus far for a campaign by the mayor of New Bedford, Mass., to save from the bulldozer a squat, dilapidated office building once the headquarters of Berkshire Hathaway Inc. Control of the New England textile manufacturer was acquired in 1965 by an ambitious 34-year-old investor named Warren Buffett, who made Berkshire Hathaway the base of his own budding conglomerate. It, of course, went on to become synonymous with investing prowess and business success.........The building, built in 1927 by Hathaway Manufacturing Co., once had more charm. Its expansive offices feature oak and mahogany paneling and a marble fireplace. In 1955, Hathaway merged with Berkshire Fine Spinning Associates Inc. to become Berkshire Hathaway.
A named New Haven RR train, The Berkshire, which somehow survived to A-Day, would live on in perpetuity.